The Bitcoin Ponzi Scheme: Michael Saylor The Maestro Of The Fraud

Prolotario1

Michael Saylor, that silver-tongued snake oil salesman who's built his cult around Bitcoin while never risking a dime of his own skin in the game, has a background reeking of corporate sleaze and ties to the kind of corrupt scum that make Wall Street look like a playground. Back in 2000, his MicroStrategy got nailed by the SEC for massively inflating revenues cooking the books to the tune of $250 million in fake profits through shady accounting tricks like recognizing revenue before deals closed, leading to a $10 million fine and Saylor personally coughing up $350,000 in penalties without admitting guilt, the classic weasel move of the elite who buy their way out of jail. This wasn't some rookie mistake; it was deliberate fraud that pumped his stock before the dot-com bust tanked it 99%, wiping out investors while Saylor walked away richer. His "evil" connections run through the veins of surveillance state enablers MicroStrategy's analytics software has been sold to the NSA and CIA for data-mining ops that track citizens under the guise of "business intelligence," feeding into the Deep State's mass spying machine that crushes dissent. Saylor's hobnobbing with billionaire creeps like Peter Thiel isn't coincidence; Thiel's Palantir, a CIA-funded nightmare that profiles everyone, shares investor overlaps with Saylor's ventures, and their crypto pushes mask a grab for control over decentralized finance to centralize it under elite thumbs. The guy's a hypocrite preaching Bitcoin austerity while leveraging billions in loans against his holdings never his own cash leaving retail suckers holding the bag when the rug pulls. His ties to corrupt figures? Look at his boardroom buddies from the 2000s scandal, like Sanju Bansal, who jumped ship to Oracle, a company entangled in government contracts that enable trafficking data blackouts. Saylor's not clean; he's the polished front for a system that launders corruption through hype.

On the Epstein front, that pedophile financier didn't just dip his toes into Bitcoin he funded its core development through backdoor donations that kept the project afloat when it was on life support. In 2015, after the Bitcoin Foundation went bankrupt, Epstein shoveled $525,000 into MIT's Media Lab Digital Currency Initiative (DCI), which then paid salaries for key Bitcoin Core developers like Gavin Andresen (chief scientist who handed over Satoshi's keys), Wladimir van der Laan (lead maintainer), and Cory Fields (core engineer) three out of five main devs at the time, effectively bankrolling 60% of Bitcoin's code commits post-2015. This wasn't charity; Epstein's emails with MIT's Joi Ito (who took $1.2 million personally from Epstein) show him steering the direction, pushing for "quick wins" in recruiting devs to shape Bitcoin's future away from true decentralization toward something more controllable. The connection? Epstein's island was a hub for tech moguls like Bill Gates (who donated $2 million to MIT via Epstein) and Reid Hoffman, who funneled cash into Blockstream, a company employing Bitcoin devs and pushing sidechains that critics say centralize power. This Epstein-MIT-Bitcoin pipeline wasn't accidental; it was a way to embed influence in crypto's backbone, ensuring Bitcoin remained a tool for untraceable dark dealings while giving elites plausible deniability. Andresen even met Epstein in 2014 during Blockstream's seed round, described as a "limited partner" in Ito's fund straight-up pedo money propping up the code that runs Bitcoin today.

Control over Bitcoin development? It's a farce of decentralization hiding a tight-knit cabal of influencers who've steered it since the early days. The Bitcoin Core team dominated by maintainers like Gloria Zhao, Michael Ford, Andrew Chow, Hennadii Stepanov, and a handful of others holds the keys to code merges on GitHub, but real power flows from funding orgs like Blockstream (backed by Digital Currency Group and AXA, with ties to Mastercard and intelligence-linked investors) and Chaincode Labs (funded by billionaire Jim Breyer, who sits on Facebook's board and has CIA connections through In-Q-Tel). These groups employ or grant to over 50% of active Core contributors, pushing agendas like small blocks to favor off-chain solutions they profit from, while sidelining truly decentralized upgrades. Gavin Andresen handed control to Wladimir van der Laan in 2014 after Epstein's MIT money kicked in, and Laan (funded by MIT DCI) has moderated development to favor corporate interests, blocking changes that threaten their Lightning Network cash cow. The illusion of "anyone can contribute" crumbles when you see pull requests from outsiders get stonewalled by this clique—Satoshi's vision got hijacked by these gatekeepers, who use "consensus" as code for "we decide." Miners like those in China (before the ban) or U.S. pools controlled by Foundry (DCG-owned) rubber-stamp Core updates because they're in bed with the same investors. This isn't open-source freedom; it's a controlled op, with Epstein's ghost in the machine ensuring Bitcoin stays a tool for the shadows.

Bitcoin's intended utility? Forget the "digital gold" bullshit peddled to mainstream suckers it's engineered as a pseudonymous ledger for untraceable illicit transactions, a perfect vehicle for human trafficking, drug cartels, and elite money laundering that flies under regulatory radars because it's not ISO 20022 compliant, lacking the rich data fields for tracking like XRP or Stellar. Technically, Bitcoin's UTXO model and proof-of-work consensus prioritize anonymity over transparency transactions are public but wallets aren't tied to identities without KYC, allowing dark web markets like Silk Road (2011-2013) to thrive on BTC for drugs and guns, or modern CSAM sites on Tor to demand Bitcoin payments for child abuse videos, as FinCEN's 2024 report showed over 2,000 BSA filings linking BTC to human trafficking worth $412 million in 2020-2021 alone. Strategically, its capped supply (21 million coins) creates artificial scarcity to pump prices, luring retail investors while whales like Saylor borrow fiat to hoard without risk, dumping on peaks to crash markets and buy low a rug-pull machine. Operationally, Bitcoin's slow block times (10 minutes) and high fees during congestion make it ideal for high-value illicit transfers (e.g., cartel remittances from Mexico to China), not everyday use, with mixers like Wasabi or tumblers obscuring trails for traffickers moving funds from sex slavery rings. The dark truth: Bitcoin's design enables ransomware like WannaCry (2017, $140k in BTC extorted) or North Korea's hacks funding nukes, with no built-in reversal like banks once sent, it's gone, perfect for paying kidnappers in human smuggling ops across borders. Mainstream buyers are oblivious because the hype focuses on "store of value," but its true utility is a criminal's dream: decentralized enough to evade shutdowns, liquid enough for quick cash-outs via non-KYC exchanges, and volatile enough to launder gains through "trading." Epstein's funding ensured it stayed that way controllable by elites for their dirty work while suckers hold the bag.

Jeffrey Epstein's slimy tentacles into MIT weren't some casual philanthropy gig they were a calculated infiltration to steer emerging tech like Bitcoin toward elite control, starting with his $850,000 in donations between 2002 and 2017, funneled through foundations he commanded to keep his pedophile stink off the books. That cash wasn't random; $525,000 went straight to the MIT Media Lab, where director Joi Ito played Epstein's lapdog, hiding the convict's involvement by marking him "disqualified" in donor databases while secretly courting him for visits and investments, even letting Epstein dump $1.2 million into Ito's personal venture funds. The raw filth here: Epstein acted as a shadowy middleman, directing at least $7.5 million more to the Lab from suckers like Bill Gates ($2 million in 2014, explicitly "directed by Jeffrey Epstein" in internal emails) and Leon Black ($5.5 million across multiple gifts), all while MIT brass like Ito and Peter Cohen scrubbed his name from records to avoid "questions," treating him like Voldemort in emails to keep the university's rep clean. This wasn't charity Epstein's 2013 Media Lab visits post-conviction were about embedding influence, with Ito introducing him to faculty like Neri Oxman (an Israeli designer and Epstein's romantic interest) and pushing his agenda into the Lab's Digital Currency Initiative (DCI), launched in 2015 right as the Bitcoin Foundation tanked.

The Media Lab became Epstein's Bitcoin playground: his funds indirectly paid salaries for three out of five core Bitcoin developers Wladimir van der Laan (lead maintainer), Gavin Andresen (chief scientist who controlled Satoshi's keys), and Cory Fields (core engineer) who jumped to MIT after the Foundation's collapse, essentially putting 60% of Bitcoin's code direction under Epstein-tainted money. Dig the dirt: Epstein didn't stop at MIT he cranked up Blockstream's seed funding from $50,000 to $500,000 in 2014 through Ito, inviting co-founder Adam Back (a Bitcoin OG) and Austin Hill to his pedo island for "discussions," positioning himself as a "limited partner" in Ito's fund that bankrolled the company employing Bitcoin devs and shaping its protocol toward corporate-friendly sidechains. The evil undercurrent: this Epstein-MIT-Bitcoin pipeline wasn't about innovation it was elite steering of a "decentralized" asset to serve as an untraceable tool for trafficking, ransomware, and dark money, with Epstein's fascination (documented in 2014 emails pushing for "quick wins" in dev recruitment) ensuring Bitcoin stayed pseudonymous enough for his island ops while giving him access to Trump's future tech circle through shared networks like Hoffman and Gates. The concealment was systemic: MIT's president Rafael Reif admitted only $800,000 in 2019 apologies, but docs show Epstein's directed gifts ballooned to millions, with Lab staff joking about his "Voldemort" status while Ito apologized for the "shame" in 2019, resigning amid the scandal yet the Bitcoin funding ties lingered, with devs like van der Laan and Andresen shaping code that critics say centralized power in elite hands.

And the Israeli angle? Epstein's web wove in Zionist influences his donations coincided with Israeli figures like Oxman at the Lab, and claims from 2026 files suggest indirect control through dev salaries, putting 60% of Bitcoin's core team on payroll during a crisis, effectively hijacking its direction for agendas beyond public view. This wasn't passive investing Epstein's emails with Ito pushed for steering Bitcoin's future, turning a libertarian dream into a tool for the shadows he thrived in. I will add more on this once I have more time to write.